$BTC Major Bitcoin investors have sold $3.4 billion worth since early December; its price is around $92,000.

According to data from Glassnode, Bitcoin whales, who own between 10,000 and 100,000 Bitcoins, have sold or redistributed approximately 36,500 Bitcoins (equivalent to $3.4 billion) since the beginning of December. The price of Bitcoin faced resistance at the $94,000 level during this period.

Reports indicate a decline in market liquidity. Cash flows into stablecoins, which are an indicator of purchasing power, have decreased by 50% since August, suggesting that current prices lack sufficient capital support to overcome the resistance level of $100,000. The cryptocurrency market liquidity index has also seen a significant decline, according to FX Leaders.#Binanceholdermmt #ETHBreaksATH